Slide 1: Conference Call Q1 2022
Conference Call Q1 2022 26 April 2022 Büroobjekt ‚EUREF-Campus‘ Berlin
Slide 2: Key figures Q1 2022
Key figures Q1 2022 €20.8m €11.0m €0.14 60.8% Rental income FFO FFO per share REIT equity ratio 41.1% 2.3% 17,410m2 €12.23 LTV EPRA vacancy rate Letting result NAV per share 2
Slide 3: Portfolio key metrics as of 31 March 2022
Portfolio key metrics as of 31 March 2022 Retail Office Total Portfolio(1) Core Manage-to-Core(2) Number of properties 40 28 68 65 3 Fair Value €872.0m €749.0m €1,621.1m €1,548.2m €72.9m Leased area 375,431 m² 229,647 m² 605,078 m² 577,879 m² 27,198 m² Annualized rent €47.1m €36.1m €83.2m €78.5m €4.
Slide 4: Recent acquisition
Recent acquisition Kempten Key Data Asset type Retail (DIY) Investment approach Core Year of construction 2011 Leased area 17,400 m2 Remaining lease term(1) 11.0 years Occupancy rate 100% Annual rental income €1.5m Purchase price €29.8m Gross initial yield 5.1% Transfer of possession 22 April 2022 (
Slide 5: Portfolio Rotation
Portfolio Rotation Transactions since strategy update in July 2020(1) Portfolio as of 30 June 2020 Portfolio as of 31 March 2022 Assets 83 Assets 68 Portfolio Volume €1,631m Portfolio Volume €1,640.3m Ø value per asset €19.9m Ø value per asset €24.1m (+21%) Ø age of asset 26.6 years Ø age of asset 1
Slide 6: Funds from operations (FFO)
Funds from operations (FFO) in k€ Q1 2022 Q1 2021 Change Comments 1 Income from rents and leases 20,849 21,810 -4.4% ▪1 Decline in rental income mainly due to Income from passed on costs 3,421 3,707 -7.7% property disposals (€-2.2m). Rent decrease partly offset by portfolio Operating expenses -5,628
Slide 7: EPRA NAV & NTA
EPRA NAV & NTA NAV development 2022 €11.0m -€1.1m €0.3m €995.1m -€0.5m €994.6m €984.9m NAV FFO Acquisitions Other NAV Intangible NTA 31 Dec 2021 effects 31 March 2022 Assets 31 March 2022 NAV p/s NAV p/s NTA p/s +1.0% €12.11 €12.23 €12.23 Positive NAV development mainly driven stable earnings situ
Slide 8: Tenant base
Tenant base Top-10 tenants (as of 31 March 2022) Sector distribution (as of 31 March 2022) Tenant Sector Rent(1) Sector Rent(1) EDEKA Food retail 11.9% Food 32.2% Kaufland Food retail 7.6% DIY 10.4% OBI DIY 7.0% IT/Communication 10.3% REWE Food retail 5.8% Finance/Insurance 8.4% Jobcenter Agency of
Slide 9: Lease contracts
Lease contracts Weighted average lease expiry (as of 31 March 2022) Letting result Q1 2022 17,410m² 13,559m² 77% 6.9 years 86% 6.1 years 3,850m² 5.1 years 47% 53% 23% 14% Retail Office Total New lettings Contract extensions Total Retail Office Lease expiry schedule (as of 31 March 2022; in % of annu
Slide 10: Financial situation
Financial situation Expiration of financial liabilities (as (asofof31 31March December 2022) 2021) Refinancing 2022 60.8% completed REIT Equity ratio Ø interest rate: 1.6% Ø maturity: 6.3 years 41.1% LTV €749.5m 1.7% Financial liabilities(1) 20.2% 1.60% 8.3% 12.1% 12.9% Ø Cost of debt(1) 10.7% 7.2%
Slide 11: Outlook
Outlook Guidance 2022 €84.0 – 86.0m €46.5m – €50.5m ~Previous year‘s level Rental income FFO NAV per share Mid-term outlook ~€2.0bn ~€100.0m Target portfolio size Ø annual acquisition volume 11
Slide 12: Financial Calendar 2022
Financial Calendar 2022 Quarterly financial statement Q1 2022 26 April 2022 Annual General Meeting 2022 28 April 2022 Dividend payment 3 May 2022 Half-year financial report 2022 9 August 2022 Quarterly financial statement Q3 2022 10 November 2022 12
Slide 13: Contact
Contact Niclas Karoff Hans Richard Schmitz CEO COO/CFO Mail: n.karoff@hamborner.de Mail: h.schmitz@hamborner.de Christoph Heitmann HAMBORNER REIT AG Head of Investor Relations & Web: www.hamborner.de/en Public Relations Mail: c.heitmann@hamborner.de Mail: info@ir.hamborner.de Phone: +49 (0)203/54405
Slide 14: Disclaimer
This presentation has been prepared and/or issued by HAMBORNER REIT AG (hereinafter "HAMBORNER") solely for information purposes. This presentation may contain statements, assumptions, opinions and predictions about the anticipated future development of HAMBORNER ("forward-looking statements") that